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AltShares Event-Driven ETF (EVNT) belongs to the Event Driven category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EVNT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Often Compared With EVNT

Investors most often compare EVNT with ARB, HDG, CBYYX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
AltShares Merger Arbitrage ETFHedge Fund
62
2.13%
90.93MMay 2020EVNT vs ARB
ProShares Hedge ReplicationLong-Short
76
6.42%
21.57MJul 2011EVNT vs HDG
Victory Pioneer Cat Bond Fund Class YNontraditional Bonds
100
3.55%
Jan 2023EVNT vs CBYYX
Invesco QQQ ETFNasdaq-100
58
16.13%
481.14BMar 1999EVNT vs QQQ
Vanguard S&P 500 ETFS&P 500
66
10.45%
1.70TSep 2010EVNT vs VOO
State Street SPDR S&P 500 ETFS&P 500
66
10.45%
783.21BJan 1993EVNT vs SPY
Relative Sentiment Tactical Allocation ETFTactical Allocation
77
13.29%
110.78MMay 2022EVNT vs MOOD
AQR Equity Market Neutral Fund Class NEquity Market Neutral
7
-8.36%
Oct 2014EVNT vs QMNNX
Vanguard Intermediate-Term Corporate Bond ETFCorporate Bonds
34
-0.41%
68.70BNov 2009EVNT vs VCIT
NYLI Hedge Multi-Strategy Tracker ETFLong-Short
80
7.94%
762.37MMar 2009EVNT vs QAI
iShares 0-5 Year TIPS Bond ETFInflation-Protected Bonds
91
1.74%
15.79BDec 2010EVNT vs STIP
AGF U.S. Market Neutral Anti-Beta FundEquity Market Neutral, Long-Short
1
-17.58%
275.53MSep 2011EVNT vs BTAL
KFA Mount Lucas Index Strategy ETFSystematic Trend
34
10.56%
318.74MDec 2020EVNT vs KMLM
WisdomTree Inflation Plus FundLong-Short
34
6.90%
21.11MJun 2025EVNT vs WTIP
First Trust Long/Short Equity ETFLong-Short
73
5.50%
2.45BSep 2014EVNT vs FTLS
Efficient Market Portfolio Plus ETFLong-Short
63
15.07%
Dec 2024EVNT vs EMPB
Militia Long/Short Equity ETFLong-Short
66
7.60%
138.61MJan 2025EVNT vs ORR
TradersAI Large Cap Equity & Cash ETFLong-Short
1
-9.94%
730.00KOct 2024EVNT vs HFSP
ProShares Long Online/Short Stores ETFLong-Short
19
-3.48%
7.29MNov 2017EVNT vs CLIX
Proshares Large Cap Core PlusLong-Short
68
8.50%
518.36MJul 2009EVNT vs CSM

Compare EVNT with Any Fund or Stock

Compare EVNT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair EVNT with funds that move differently

AltShares Event-Driven ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EVNT.

Explore EVNT Diversifiers